A major reason Europeans mounted sea voyages in the 1400s was to find shipping routes for easier trade with Asia for spices and textiles. Portugal made early advances in voyaging due to a longstanding maritime culture and a stable monarchy, as well as the leadership of Prince Henry the Navigator (1394-1460).
Increase in managerial effectiveness, which is required for the success of a corporation, will result in more innovative ideas that will improve the performance of the corporation as a whole
